Know the market before you move.
How a LUMO market is born, how a trade travels through it and where every fee ends up — with examples you can play with before the real thing.
Follow the trade
LUMO lets people launch tokens and trade them against real assets on Robinhood Chain. Choose a side below to see how a payment can reach the pool — and how a sale can reach your wallet.
Example route · buy
- ETHYou send
- PONSVia Uniswap v4
- Your tokenYou receive
You end up holding your chosen token. LUMO handles the conversions in one trade transaction when a route is available. You may need a separate spending approval first.
Illustration only, not a live quote. TSLA represents a tokenized-stock pair; PONS represents one of LUMO’s curated top performers. Actual routes may include other conversion steps. Fees, reserves and slippage determine the amount received.
What happens at launch?
A new token, a trading pool and the creator’s first purchase are created together.
LUMO’s launch flow creates a fixed supply of 1 billion tokens and places the whole supply into the launch pool before making the creator’s initial buy. The creator receives the tokens bought by that payment, rather than a separate free allocation. The liquidity position is minted to the burn address, so nobody can ever pull it.
The opening market cap is a starting valuation used to price the token. It is not a cash deposit. Buying brings real funds into the pool, while selling uses available funds. Locking the launch position does not guarantee demand, a particular price or unlimited selling capacity.
Understand your pair
In CLOUD / TSLA, CLOUD is the launched token and TSLA is the other asset in its trading pool.
What pairing means
Buyers exchange the paired asset for CLOUD; sellers exchange CLOUD back. LUMO can convert ETH or USDG along the way when a route is available.
What it does not mean
CLOUD holders do not become Tesla shareholders. Their token is not redeemable for a fixed amount of TSLA, and its price does not automatically track Tesla.
Top performers: pairs curated by LUMO
Next to tokenized stocks, ETFs, RWAs, USDG and ETH, LUMO lists a short set of top-performing coins on Robinhood Chain as launch pairs.
Pairing with a token that already has a market — instead of a real-world asset — is technically possible for any launched coin. LUMO does not open that door to everything: it picks the strongest performers, checks that each one is a verified ERC-20 with a live price and liquid Uniswap v4 pools, and enables it on the launchpad with the same phantom reserve every other pair gets. The list lives in the app and on-chain (the launchpad’s pair economics), and LUMO alone adds to it.
For a creator nothing changes: pay the initial buy in ETH or USDG, LUMO converts it into the coin inside the launch transaction, and fee collections route the coin back into ETH the same way. For a buyer the difference is the reference: the paired asset is another community’s coin, with its own volatility, rather than a tokenized stock or an RWA.
A listing is a routing decision, not an endorsement. Prices, holders and volume shown for a top performer come from Blockscout and the chain; LUMO does not hold, back or manage those coins.
Where the fees go
Each LUMO market has its own buy and sell fee rates, chosen by the creator and fixed at launch. 85% of every trading fee belongs to the creator; the rest goes to LUMO.
Use the market’s Trading fees panel for its actual rates. The example below explains the split only; it does not estimate a live trade, gas or token returns. Fees on other pools and conversion steps can differ.
Try a fee example
- 85% creator share (paid in ETH)
- $1.70
- 15% LUMO share
- $0.30
The creator can route any share of their part into buying back and burning their token; the rest is paid to their wallet in ETH. LUMO’s share is fixed.
Illustrative USD values, rounded to cents. This models the fee on the paired-asset side of a trade, not your token amount or a guaranteed payout. It excludes gas, conversion fees, price impact and launch costs. Check the actual market’s rates and split before trading.
Earn, burn, or share
Trading fees accumulate only when eligible trades happen. Only the creator can collect them; the payout is always ETH, and the creator decides how much of it they keep, burn, or share with holders.
Connect the wallet that created the market to collect its available share. One transaction claims the fees from the market’s hook, sells the pair for ETH on Uniswap v4 and sends the ETH to the creator wallet — never the pair, never the launched token, so a collection can’t be dumped on the market.
The creator decides once how every collection is split: a share that buys the launched token back from its own pool and burns it, a share for holders, a share for one chosen wallet, and the rest for themselves. The allocation is locked on-chain the moment it is saved — nobody, the creator included, can change it afterwards — so holders know what every future collection does. Burning removes tokens from circulation but does not promise a price increase.
Available to collect and already collected are different balances. Collection needs an available conversion route and ETH for gas.
Sharing with holders: any part of the ETH payout can go to the holder-rewards vault. LUMO snapshots every holder of the token (pools, the burn address and LUMO contracts excluded), splits that ETH pro rata, publishes a Merkle root on-chain per epoch, and each holder claims their share from the market page — paid in ETH, never in the token. Unclaimed rewards roll into the next epoch after 180 days; nobody can withdraw them otherwise. Giving to charity works the same way: the creator can lock any share — up to all of it — for one verified nonprofit, and LUMO sends that ETH through donate.gg, which pays the charity in USD.
Buyback & burn
Part of every launch buys PONS and LUMO and burns them. The funds can only leave the vault as a swap whose output goes to the burn address.
When a market is created, the launchpad keeps 5% of the creator’s initial buy and sends it to the LUMO buyback vault, booked half for PONS and half for LUMO. The pool is seeded with the remaining 95%; the launch review shows the current rate.
The swap is not part of the launch transaction — doing it there would let a creator sandwich their own launch and take the fee back. A keeper executes it later through an allow-listed router with a minimum-output guard, and everything received is sent to 0x…dEaD. Nobody, LUMO included, can withdraw accounted balances from the vault.
Each burn is a public transaction: the vault’s Buyback events and its burned(token) counter are the audit trail. Burns reduce supply; they do not promise a price.
Community: a holder chat for every token
Each market has a Community button. It opens a chat that belongs to the token’s holders — public to read, holders write, the creator moderates, and the chain speaks in it too.
- 1
Closed at launch
Every new market starts with its community closed. Nothing is hidden: the button shows the state, and anyone can see how many holders have voted to open it.
- 2
Opened by the creator — or by 50 holders
The creator opens the community with one click and a free wallet signature. If the creator never does, holders can vote it open: once 50 wallets that still hold at least $1 of the token have voted, it opens by itself. A vote only counts while the voter keeps holding — sell below $1 and the vote lapses.
- 3
Read for free, write as a holder
Anyone can read every message, even without a wallet. Posting, reacting and voting need a wallet that holds at least $1 of the token (the creator always may). One signature proves the wallet is yours; it costs nothing and sends no transaction, and you are not asked again for a week.
- 4
Badges are earned on-chain
Next to a name you may see Top 10 (one of the ten largest holders right now), Early (bought in the market’s first hour), OG (Early and never sold) or 💎 Diamond (first buy 7+ days ago, never sold). They are computed from swaps and balances, refreshed every few minutes, and cannot be claimed or bought.
- 5
The chain talks too
Fees collected, buyback burns, holder-reward epochs and the moment the room opened appear as system lines with no author. There are no buy/sell alerts — the chart is next door.
- 6
Creator tools
The creator (and LUMO’s moderators) can pin up to three messages, delete messages, mute a wallet, and post a poll: a question with 2–4 options that closes after 6 hours to 7 days, one vote per holder wallet, changeable until it closes.
- 7
Reactions
🔥 💎 🚀 😂 🐾 👍 — one of each per wallet per message. Tap again to take it back.
- 8
Realtime, text only
Messages arrive over a live connection in well under a second; if the connection drops the page falls back to polling. Text only, 500 characters, no images, links are not made clickable, and posting is rate-limited per wallet. LUMO shows what the community says without endorsing it.
LUMO’s own room — the $LUMO community — is open for every LUMO holder and carries every buyback & burn as it happens. The home page shows which communities are busiest right now.
Read the full Community guide →Read the numbers clearly
These numbers answer different questions. None of them is a promise of what your whole balance will sell for.
- Market cap
- Quoted token price × total supply. A $4,000 market cap does not mean there is $4,000 available to pay sellers.
- Liquidity / reserves
- Assets available in a trading pool. Your actual sell quote depends on the trade size and which liquidity is usable at that price.
- Price impact
- How much your own trade changes the pool price. Larger trades in smaller pools usually have a greater effect.
- Slippage / minimum received
- Slippage sets the price movement you accept after quoting. Minimum received is the lower amount you agree to accept for that transaction.
- Network fee / gas
- ETH paid to process a blockchain transaction. It is separate from LUMO’s fees and can be spent even when an on-chain transaction fails.
- Locked liquidity
- The launch position belongs to the burn address; nobody can withdraw it. This does not remove market losses, issuer risk, technical failures or limited liquidity.
A few common questions
Quick answers for the moments when the next step is not obvious.
Why can’t I buy or sell right now?
A trade needs a working route and enough liquidity. Check your balance and approval, then read the message in the trade panel. Increasing slippage cannot create missing liquidity or fix an unavailable route.
Why does my wallet ask for an approval?
An approval lets a contract spend a token for the action you requested. It can be a separate transaction before a trade or launch. Check the token, spending limit and recipient contract in your wallet. Approving spending alone does not complete the trade.
Can I use GMGN, another trading app or my wallet’s swap button?
External apps choose which pools, routes and tokens they support. A public pool or a visible chart does not guarantee that their swap service can trade it. LUMO’s market page checks its own routes; always use the exact token address.
Why do charts, images or prices look different elsewhere?
Each platform discovers and updates token information independently. A newly launched token can appear later, without an image, or with different price and liquidity data. A confirmed blockchain receipt is the evidence that a launch or trade completed.
Can a failed transaction still cost ETH?
Yes. A transaction that is processed on-chain and fails can still use a network fee. Rejection in your wallet or a failed preview is different from an on-chain failure. Check the transaction’s explorer status before submitting again.
Who decides which top performers can be paired?
LUMO does. Any launched coin could technically sit on the other side of a pool, but only the coins LUMO curates get a phantom reserve on the launchpad, and only those show up in the pair picker. The list is reviewed and extended over time; being listed is not an endorsement or a price prediction.
Why does the community ask me to sign a message after I connected my wallet?
Connecting shows an address; a signature proves the wallet is yours, so nobody can post as you. It is free, sends no transaction, moves no funds, and is asked once per week per browser. Read the text in your wallet: it names LUMO community, your address and the time — nothing else.
I hold the token but the community says I cannot post.
Posting needs a balance worth at least $1 of that token at the current price, read from the chain when you sign in and refreshed every 30 seconds. A brand-new purchase or a price move can take a moment to count. Reading is always open.
Who moderates a community, and can LUMO read private messages?
There are no private messages. The creator of the market moderates their own room (pin, delete, mute) and LUMO’s moderators can step in. Messages are holder opinions, not information from LUMO; verify anything that matters on-chain.
Does a featured listing mean the token is approved or safe?
No. Listing order, a token name, an image or a featured position is not an endorsement. Research the project and verify its address.
How do I claim holder rewards?
Open the market page of a token you hold and look at the Trading fees panel. When its creator shares fees with holders, the Holder rewards card shows what is waiting, and — once an epoch has been published — a Claim button for your wallet. One transaction pays every open epoch to you in ETH. Rewards follow a snapshot of balances taken when the epoch is published; unclaimed amounts roll into the next epoch after 180 days.
What does the Charity card on a market page mean?
The creator locked part — sometimes all — of their fee payout for one verified nonprofit, through donate.gg. The card names the charity, shows the ETH waiting in the LUMO charity vault, what has been donated so far and every donation with its bridge progress (Robinhood transaction → USDC on Base → paid to the charity in USD). The share and the charity cannot be changed by anyone, the creator included; donate.gg keeps 3% for the conversion.